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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
OPERATING ACTIVITIES:    
Net income $ 1,447 $ 1,487
Reconciliation of net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 1,059 1,028
Deferred income taxes 53 32
Inventory valuation adjustments (29) (120)
Non-cash compensation expense 37 36
Impairment losses 1 300
Distributions on unvested awards (20) (15)
Equity in earnings of unconsolidated affiliates (88) (56)
Distributions from unconsolidated affiliates 87 44
Other non-cash 2 (46)
Net change in operating assets and liabilities, net of effects of acquisitions 801 (320)
Net Cash Provided by (Used in) Operating Activities, Continuing Operations 3,350 2,370
INVESTING ACTIVITIES:    
Cash paid for acquisitions 0 (589)
Capital expenditures, excluding allowance for equity funds used during construction (853) (752)
Contributions in aid of construction costs 16 20
Distributions from unconsolidated affiliates in excess of cumulative earnings 30 46
Proceeds from Sale of Other Assets, Investing Activities 4 4
Net Cash Provided by (Used in) Investing Activities, Continuing Operations (803) (1,271)
FINANCING ACTIVITIES:    
Proceeds from borrowings 7,582 5,658
Repayments of debt (8,605) (5,428)
Capital contributions from noncontrolling interest 3 373
Distributions to partners (1,001) (608)
Distributions to noncontrolling interests (441) (307)
Preferred Units, Cumulative Cash Distributions (12) (12)
Net cash used in financing activities (2,474) (324)
Increase in cash and cash equivalents 73 775
Cash and cash equivalents, beginning of period 257 336
Cash and cash equivalents, end of period $ 330 $ 1,111